534 Deer Lake DrGriffinGA30224
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Griffin at 534 Deer Lake Dr, Griffin, GA, 30224 priced at $597,800 converts $3,660/mo rent into $22/mo cash flow after a $2,926/mo obligation. Total monthly income equals $3,660/mo, and annual cash flow totals $259/yr on $196,676 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 7.35% against a $597,800 entry. Equity gained on principal adds $3,858/yr, while 5% annual appreciation compiles into $165,161 by year five. Five-year ROI reaches 104.2% and total cumulative return in cash sums $204,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,660/mo property income covering a $2,926/mo payment, not borrower’s personal income.
Single Family
Built in 2008
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,352 (100%) |
| Owner Occupied HU | 7,220 (63.6%) |
| Renter Occupied HU | 3,527 (31.1%) |
| Vacant Housing Units | 605 ( 5.3%) |
| Median Home Value | $249,655 |
| Average Home Value | $273,064 |
Housing Distribution
Address Breakdown
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
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